Medical expenses tax offset… maximize your claim

If you spend more than $1500 in a tax year on medical expenses you can qualify for a rebate of 20% of the excess. Maximise your claim by having one family member pay all the medical costs. Keep a card at your local pharmacy, or retain your receipts – remember our top tax tip to keep receipts. Cosmetic surgery will not qualify, but laser surgery for eye disorders will as well as many more items. This offset is one that many taxpayers miss.